BLOOMIN' BRANDS INC (BLMN) Stock Technical Analysis
NASDAQ:BLMN - Nasdaq - US0942351083 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BLMN. BLMN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than BLMN.
BLMN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 89% of 135 stocks in the same industry do better.
BLMN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BLMN is lagging the market.
In the last month BLMN has a been trading in the 7.13 - 9.12 range, which is quite wide. It is currently trading near the lows of this range.
BLMN has an average volume of 2945130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BLMN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.18
8.78
When analyzing the support we notice one important area.
- Support @7.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.69 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BLMN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BLMN is down. |
| ChartMill Relative Strength | 5.79 | NEGATIVE | BLMN has a low relative strength, it was outperformed by 94.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BLMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.6 | NEUTRAL | The RSI value for BLMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BLMN has a negative trend. |
| Stochastics (14,3) | 24.85 | NEUTRAL | The Stochastics value for BLMN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for BLMN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for BLMN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.54
-0.17 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.2%
1 Week-14.42%
2 Weeks3.29%
1 Month-6.8%
3 Month-36.32%
6 Month-42.84%
12 Month-63.92%
2 Year-68.44%
3 Year-64.28%
5 Year-33.92%
10 Year-66.43%
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%6.76%
ATR Inc-39.05%
Range Today0.23
ADR(20)0.46
ADR(20)%6.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.79
Mansfield-4.64
10 Day High9.12
10 Day Low7.38
20 Day High9.12
20 Day Low7.13
52 Week High22.34
52 Week Low6.09
CS1 End7.25
CR1 Start8.69
Volume & EV
DER(3)-4.84%
DER(5)-3.15%
Volume2.03M
Volume Incr-13.82%
Vol(5)2.51M
Vol(50)2.95M